KNR Constructions Secures ₹157.55 Crore GHMC Project in Telangana
KNR Constructions Limited has received a Letter of Acceptance from GHMC for EPC projects in Telangana. The contract includes a 2-lane flyover at NFCL Junction and a 2-lane underpass with a 3-lane flyover at TV9 Junction. The total value of these projects is ₹157.55 crore, with a construction period of 24 months.
The value of the new orders is significant and contributes to the company's order book, indicating business expansion.
The company has secured new orders, which is generally positive for its business growth and revenue prospects.
KNR Constructions Limited has announced the receipt of a Letter of Acceptance from the Greater Hyderabad Municipal Corporation (GHMC) for two significant infrastructure projects in Telangana. The projects involve the construction of a 2-lane Unidirectional Flyover at NFCL Junction and a 2-lane Unidirectional Underpass along with a 3-lane Unidirectional Flyover at TV9 Junction, both located in Banjara Hills, GHMC. These projects will be executed on an Engineering Procurement and Construction (EPC) basis. The total contract value for these works is ₹157,54,60,000 (Rupees One Hundred and Fifty-Seven Crores Fifty-Four Lakhs Sixty Thousand Only), excluding GST. The construction period for both projects is stipulated to be 24 months.
A plain-language summary of a public exchange filing by KNR Constructions Limited. Read the original for the full detail.